PETROCHEMICALS

ΗELPE is the only petrochemicals producer in Greece, with a market share exceeding 50%. Petrochemicals production is vertically integrated with the refining sector. The Group has significant export activities, with the international sales in selected markets in the Mediterranean representing 60-65% of total sales. The main products are propylene, polypropylene, BOPP film, solvents and minerals. Production of polypropylene is based on the Basel technology.

The Group’s chemical plants include a polypropylene production unit with a capacity of 220,000 tons and solvents units. The propylene, which is the raw material for polypropylene production, is produced at Aspropyrgos refinery and is transported to Thessaloniki plant, covering approximately 70% of the latter’s raw material demand.

The 100% HELPE owned subsidiary, DIAXON PLASTIC PACKAGING MATERIALS SA, is the only BOPP film producer in Greece, which is mainly used in the packaging industry. BOPP film sales are directed both to the Greek and the Mediterranean markets.

The vertically integrated propylene, polypropylene and BOPP production complex is very important for the production of petrochemicals, as it allows joint use of infrastructure, technical support services, common facilities and installations of the Group.